Big March for New Zealand property sales

  • Auckland house price sales have rocketed away again, prompting Real Estate Institute chief executive Colleen Milne to say predictions of a market slowdown were overstated.

Auckland sales volumes rose an astonishing 67 per cent from February to March, REINZ announced. The Auckland regional median price rose from $750,000 in February to $820,000 in March, North Shore medians rocketed ahead from $940,000 to $1 million and Auckland City’s median shot from $825,000 to $962,000.

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Photo / NZ Herald

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